NOT LISTED FOR SALE

718 Drake St San Jose, CA 95125

Willow Glen Neighborhood
6 Beds
4 Baths
3,284 Sq Ft
6,970 Sq Ft Lot

Last Sold September 23, 2014

Last sale price $892,500 $272 Per Sq Ft

177 Days on Market

Highlights

  • RV Access or Parking
  • Forced Air Heating System
  • 1-Story Property
  • Wood Flooring

About This Home

As of September 2014

Great Investment Property in Lovely Willow Glen Area! Features: Front unit is a 4 Beds/2 Baths. Back unit is a 2beds/2baths and an addition w/ 3beds/2baths and a full kitchen. Granite Counter Tops and Tile. Pergo Floors Through Out, Double Pane Windows, Skylights and Stainless Steel Appliances. Front Yard With Iron Cast Fence, large yards, Copper Plumbing and Spacious Basement.

Last Agent to Sell the Property

Kimo Huynh

Intero Real Estate Services License #01512855 Listed on: 03/19/2014

Intero Real Estate Services

Last Buyer's Agent

Tracy Tran

Intero Real Estate Services License #01798248

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1994

Lot Details

  • 6,970

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 3,284 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Carport
  • On-Street Parking
  • Uncovered Parking
  • RV Access or Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $46,800
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3 Units
  • 3,284 Sq Ft Building

Building Details

  • Insurance Expense $470
  • Operating Expense $11,669
  • Gross Income $45,396

Property Details

Home Type

Multi-Family

Year Built

1994

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 271.77
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 3284
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1994

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3284
  • Stories: 1
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Gas Hookup, In Garage, In Some Units
  • Flooring: Carpet - Area, Tile, Hardwood

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Rv/Boat Parking, Street, Uncovered Parking, Carport

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected, Sewer Not Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6996.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6996.00
  • Lot Size Area Min Search: 6996.00
  • Maximum Lot Size: 6996.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 19.64

Multi Family

  • Expense Insurance: 470
  • Expenses Total: 11669
  • Income Annual Gross: 45396.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Income Includes: Parking
  • Maximum Building Height: 1
  • Meters: Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric
  • Vacancy Amount: 1404
  • Vacancy Factor: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2014 09/23/14 Sold $892,500 -6.0% $272 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $949,000 -- $289 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kimo Huynh

    Intero Real Estate Services

    Section Image

  • T

    Buyer's Agent in 2014

    Tracy Tran

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81408779

MLSListings
California Santa Clara County San Jose 95125 Willow Glen

718 Drake St, San Jose, CA

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